Market & Industry
Cowin X5 Released its Official Shots and would Share Powertrain with Tiggo 5
Cowin X5 Released its Official Shots and would Share Powertrain with Tiggo 5

Recently, Cowin X5 released its official shots, which is expected to be a compact SUV model and will be launched in September. It could be seen from pictures that the new model continues many designing elements form Tiggo 5.

Aug. 16 , 2017
Rumor that BAIC Establishes a Joint-Venture Company with FCA Faces Denial from Cai Jianjun
Rumor that BAIC Establishes a Joint-Venture Company with FCA Faces Denial from Cai Jianjun

Media reported that FCA would establish a joint-venture company with BAIC, and that BAIC’s Vice President Cai Jianjun would take charge of the new company. It’s also said that the new company would produce Dodge or Chrysler.

Aug. 16 , 2017
Geely’s half-year profit doubled to $649 million
Geely’s half-year profit doubled to $649 million

According to the data released, the company’s operation revenue reached RMB 39.42 billion (about $5.88 billion) with a significant increase of 118%; the net profit came to 4.34 billion yuan ($648.96 million), up 128% year on year.

Aug. 16 , 2017
BAIC’s electric vehicle unit managed to raise $ 1.67 billion in Series B round
BAIC’s electric vehicle unit managed to raise $ 1.67 billion in Series B round

Chinese state-owned carmaker Beijing Automotive Group's (BAIC Group) electric vehicle unit said yesterday it managed to raise RMB 11.12 billion ($ 1.67 billion) in its series B round, which exceeded the earlier estimate of RMB 8 billion.

Aug. 15 , 2017
Axalta Supports Chinese Student Racing Team to Compete in the Formula SAE 2017
Axalta Supports Chinese Student Racing Team to Compete in the Formula SAE 2017

The Shanghai Tongji University’s student car racing team, TJU, will participate in Formula SAE 2017, an auto design competition organized by the Society of Automotive Engineers (SAE) International.

Aug. 15 , 2017
Exactly like BMW X3, spy photos of Brilliance Auto two SUV unveiled
Exactly like BMW X3, spy photos of Brilliance Auto two SUV unveiled

​Brilliance Auto owns two SUV models: V3 and V5, within this year the company will expand the SUV line-up and launch two new models - V6 and Chinese V7. Internet Info Agency exclusively gets the spy photos of the two models.

Aug. 14 , 2017